Funding you earn now, next payment 07:00 UTC+0.0837%/8h= +91.7% APRpaid last 24h +0.334%
Price spread now: GMX against Bybit+0.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and GMX is 0.091% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DOTUSDT | 1.1652 | 0.0100 | pay 0.0100% / 8h | 1h 43m | $23.5M | $20.2M | 75x |
| Short | GMX DOT/USD [WBTC.b-USDC] | 1.1663 | L +0.0291% / S −0.0937% | get 0.0117% / 1h | 43m 20s | $20K | — | 100x |
Bybit DOTUSDT
GMX DOT/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $175.78
- Price spread: +0.091% → 0.000%
- $9.08
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $161.86
- Costs to cover
- 0.230%
- Break-even
- 0.6 days
Slippage unknown: Bybit: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 0.43 bp | 9.6 bp −$10 | 19.1 bp −$191 | 76.3 bp −$7,626 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DOT on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.3847% | 1h | 1.1668 | +0.137% | $243K | $144K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0440% | 1h | 1.1650 | −0.017% | $169K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1657 | +0.040% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1644 | −0.069% | $140K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1662 | +0.086% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.158% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1662 | +0.086% | $246K | $676K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1660 | +0.069% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1659 | +0.064% | $834K | $607K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1658 | +0.051% | $42.5M | $88.8M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDTlong | +0.0100% | 8h | 1.1652 | long leg | $23.5M | $20.2M | 75x | |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1649 | −0.026% | $9.0M | $25.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1660 | +0.069% | $6.7M | $12.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1662 | +0.086% | $32.3M | $60.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1663 | +0.094% | $6.3M | $9.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1660 | +0.069% | $22.3M | $14.9M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1658 | +0.051% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1648 | −0.034% | $90K | $131K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1647 | −0.039% | $530K | $51K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1667 | +0.125% | $34K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1660 | +0.069% | $231K | $433K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1660 | +0.069% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1682 | +0.257% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1647 | −0.043% | $262K | $279K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1655 | +0.029% | $15K | $247K | 25x | as long as short |
| Phemex DOTUSDT | +0.0167% | 8h | 1.1670 | +0.154% | $2.3M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1661 | +0.077% | $2.1M | $900K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]short | L +0.0291% / S −0.0937% | 1h | 1.1663 | +0.091% | $20K | — | 100x | |
| Kraken Futures PF_DOTUSD | +0.0328% | 1h | 1.1664 | +0.101% | $4.3M | $1.4M | 50x | as long as short |
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
Kraken Futures PF_DOTUSD